Bill > HB05576

This bill establishes a new "state-wide marketing and promotion account" within the General Fund, which will be used by the Commissioner of Economic and Community Development to promote tourism in the state, aiming to increase revenue generated from lodging taxes. Additionally, the bill amends existing law to apply a ten percent occupancy tax, also known as a sales tax on lodging, to bed and breakfast establishments, which are now explicitly defined as private operator-occupied houses where breakfast is included in the rent. This new tax on bed and breakfast establishments will take effect on January 1, 2017, and the funds collected from this specific tax will be deposited into the newly created state-wide marketing and promotion account.